Reserve Bank of India Executive Director N S Vishwanathan took charge as deputy governor in charge of overseeing banking and financial sector regulations at the banking regulator on Monday, according to a central bank press release.

The value of Union Finance Minister Arun Jaitley's wealth declined Rs 6.02 crore (8.9 per cent) to Rs 60.99 crore in fiscal year 2015-16, as against Rs 67.01 crore in the previous fiscal year (2014-15), according to official data.

Wipro chairman Azim Premji on Tuesday said he will donate more to philanthropic causes than 39 per cent of his wealth he has already donated as he exhorted business leaders to play a more important role in development of society.

Taking a dig at those writing his "obituaries", Reserve Bank of India Governor Raghuram Rajan on Wednesday said he will be around "a lot in India" even after leaving the central bank and should not be written off as yet.

In what is likely to appease the pro-growth lobby, Japanese brokerage Nomura has opined that most names being considered to fill the post of RBI Governor have a neutral-to-dovish stance on fighting inflation, unlike the incumbent Raghuram Rajan whose hawkishness is well known.

The government will announce the successor of outgoing RBI Governor Raghuram Rajan well in advance and there won't be any search panel to look for the new chief of the central bank, an official source said.

Calling Reserve Bank of India Governor Raghuram Rajan's exit a "bad omen" for the Indian economy, eminent economists and former policymakers on Sunday said it will be seen by the world as India's non-approval to a policy against inflation and bad loans.

Top industry leaders have said Reserve Bank of India Governor Raghuram Rajan's decision not to take a second term will be "nation's loss" as he brought economic stability and enhanced India's credibility on the world stage.

The "rock star" RBI governor Raghuram Rajan, feted by foreign investors but under pressure from political opponents at home, stunned government officials and colleagues on Saturday by announcing he would step down after just one three-year term.